Mastercard (MA) Operating Expenses (2009 - 2026)

Mastercard (MA) has reported Operating Expenses for 18 consecutive years, with $3.7 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 9.95% year-over-year to $3.7 billion; the trailing twelve-month figure through Jun 2026 stood at $14.6 billion (up 9.31% YoY), and the FY2025 full-year result was $13.9 billion, up 10.4% from the prior year.
• Operating Expenses rose to $3.7 billion in Q2 2026 per MA's latest filing, from $3.5 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $3.9 billion in Q4 2025 and bottomed at $2.2 billion in Q1 2022.
• Historically, Operating Expenses has averaged $3.0 billion across 5 years, with a median of $3.0 billion in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses climbed 1.7% in 2023, then rose 25.14% in 2024.
• Over 5 years, Operating Expenses stood at $2.6 billion in 2022, then climbed by 20.62% to $3.2 billion in 2023, then gained by 11.81% to $3.6 billion in 2024, then climbed by 9.72% to $3.9 billion in 2025, then slipped by 5.29% to $3.7 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $3.7 billion, $3.5 billion, and $3.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.